Table 4
Capital spending in Canada, 2013 intentions, by scenario
| Low scenario | Medium scenario | High scenario | |
|---|---|---|---|
| millions of dollars | |||
| New housing investment1 | 44,324.2 | 46,546.2 | 48,718.7 |
| Total housing (residential investment) | 102,026.7 | 104,705.5 | 107,324.2 |
| Total construction (residential and non-residential) | 280,939.1 | 283,618.0 | 286,236.6 |
| Total: construction and machinery and equipment | 395,504.9 | 398,183.8 | 400,802.4 |
The Canada Mortgage and Housing Corporation forecasts new housing starts under high, medium and low scenarios. These scenarios are used in the estimation of the values for new housing, a key component of the overall housing forecast estimates.
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